"Mr. Price has been given the "Billy Walters treatment" by the betting establishments in the Las Vegas area, due to his distinct ability to pick winners and cost casinos millions."

Sports Betting Can Make You So Much Money So Fast it Feels Illegal but Is Not

The reason at the end of the day is risk. Risk versus reward and statistics plays one of the largest roles in gambling.

People ask is it legal to make so much money? Of course it is as long as it is being done legitimately. Sportsbooks are un-regulated unlike the stock market. You can not manipulate and take advantage of players or teams to have them throw games to turn larger profits. Luckily for sports fans athletes are paid so much that they do not have a strong incentive to throw games and to take advantage of the sports betting market. The stock market however is extremely regulated and has a lot of rules that need to be followed.

If you have any regulatory questions about sports betting and if it is legal in your jurisdiction or country then please do not hesitate to contact us with any questions that you may have.

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